Ellie Mae, Inc. (NYSE:ELLI) CEO Jonathan Corr sold 2,212 shares of the stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $88.95, for a total value of $196,757.40. Following the transaction, the chief executive officer now directly owns 114,633 shares in the company, valued at approximately $10,196,605.35. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Jonathan Corr also recently made the following trade(s):

  • On Thursday, December 7th, Jonathan Corr sold 1,623 shares of Ellie Mae stock. The stock was sold at an average price of $88.72, for a total value of $143,992.56.
  • On Tuesday, November 7th, Jonathan Corr sold 2,211 shares of Ellie Mae stock. The stock was sold at an average price of $87.52, for a total value of $193,506.72.
  • On Monday, October 9th, Jonathan Corr sold 2,211 shares of Ellie Mae stock. The stock was sold at an average price of $83.76, for a total value of $185,193.36.

Shares of Ellie Mae, Inc. (NYSE:ELLI) opened at $92.20 on Thursday. Ellie Mae, Inc. has a 1 year low of $79.71 and a 1 year high of $114.95. The company has a market capitalization of $3,147.98, a P/E ratio of 72.34, a P/E/G ratio of 7.66 and a beta of 0.28.

Ellie Mae (NYSE:ELLI) last posted its earnings results on Thursday, October 26th. The software maker reported $0.53 EPS for the quarter, beating the consensus estimate of $0.40 by $0.13. Ellie Mae had a return on equity of 6.39% and a net margin of 13.45%. The firm had revenue of $107.00 million for the quarter, compared to analysts’ expectations of $105.62 million. During the same period last year, the firm earned $0.60 EPS. The firm’s revenue was up 6.6% compared to the same quarter last year. research analysts forecast that Ellie Mae, Inc. will post 0.9 EPS for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Advisor Group Inc. increased its position in shares of Ellie Mae by 13.2% during the 2nd quarter. Advisor Group Inc. now owns 1,014 shares of the software maker’s stock valued at $112,000 after purchasing an additional 118 shares during the period. Nisa Investment Advisors LLC increased its position in shares of Ellie Mae by 8.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,230 shares of the software maker’s stock valued at $135,000 after purchasing an additional 100 shares during the period. Victory Capital Management Inc. acquired a new position in shares of Ellie Mae during the 3rd quarter valued at $139,000. Zurcher Kantonalbank Zurich Cantonalbank increased its position in shares of Ellie Mae by 9.8% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,339 shares of the software maker’s stock valued at $147,000 after purchasing an additional 119 shares during the period. Finally, Bank of Montreal Can increased its position in shares of Ellie Mae by 1.4% during the 2nd quarter. Bank of Montreal Can now owns 1,817 shares of the software maker’s stock valued at $200,000 after purchasing an additional 25 shares during the period.

ELLI has been the topic of several recent research reports. Oppenheimer reissued a “buy” rating and issued a $101.00 price target on shares of Ellie Mae in a report on Wednesday, September 13th. ValuEngine raised Ellie Mae from a “sell” rating to a “hold” rating in a report on Friday, September 1st. Zacks Investment Research raised Ellie Mae from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 27th. J P Morgan Chase & Co reissued a “buy” rating on shares of Ellie Mae in a report on Friday, September 1st. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 price target on shares of Ellie Mae in a report on Sunday, September 3rd. Seven analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Ellie Mae has an average rating of “Buy” and a consensus target price of $110.71.

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Ellie Mae Company Profile

Ellie Mae, Inc is a provider of on-demand software solutions and services for the residential mortgage industry in the United States. Banks, credit unions, mortgage lenders and mortgage brokers use the Company’s Encompass mortgage management solution to originate and fund mortgages. The Company’s Encompass software is an enterprise solution that handles functions involved in running the business of originating mortgages, including customer relationship management; loan processing; underwriting; preparation of application, disclosure and closing documents; funding and closing the loan for the borrower; compliance with regulatory and investor requirements, and overall enterprise management.

Insider Buying and Selling by Quarter for Ellie Mae (NYSE:ELLI)

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